SCHEDULES

SCHEDULE 2Regulated Activities

Part IIInvestments

Loans secured on land

23

(1)

Rights under any contract under which—

(a)

one person provides another with credit; and

(b)

the obligation of the borrower to repay is secured on land.

(2)

“Credit” includes any cash loan or other financial accommodation.

(3)

“Cash” includes money in any form.